Frank Thomas
First BRRRR in Charleston
25 November 2024 | 13 replies
You may not want your heloc tapped that long as the rate is generally higher on a heloc than it is on fixed mortgage rates.
Jacob Bremer
HELOC next move?
18 November 2024 | 6 replies
@Jacob BremerA high ARV rental property can be funded using a HELOC strategy, which can be used for down payment, rehab, or cash.
Tisa Grimes
LLC Real estate
28 November 2024 | 1 reply
If you are looking for loans on real estate or a business lenders don’t necessarily care about the credit history of the LLC - they care about the performance of the asset and your creditworthiness since you will most likely have to sign personally.I have established multiple LLCs just days before closing on large loans for different assets, those particular entities barely existed and the banks did not care.If you are talking about pulling a business line of credit (like a HELOC, but against your business equity) then the banks like to see some history of revenue.
Kyle Kline
How do you fund property repairs/expenses if you are “investing for equity”?
13 December 2024 | 35 replies
A second lien, heloc, or hard money loan
Rene Brodowsky
Are there HELOC lenders that understand the Detroit market?
20 November 2024 | 4 replies
I'm applying for a HELOC on my rehabbed house in Detroit (primary).
George Hernandez
HELOC denied because of low LTV
17 November 2024 | 7 replies
I tried to get a HELOC on my rental property, but the bank denied me for a low loan-to-value on the property.
Roger Mace
Being Creative in your loan acquisition: Knowledge is Power
27 November 2024 | 0 replies
Home Equity Line of Credit (HELOC): If you own other properties, you can tap into your home equity to fund your fix and flip, providing you with lower interest rates.5.
Jake Handler
Seller Finance Purchase. Ideas on Funding Rehab?
23 November 2024 | 2 replies
A HELOC may be an option but I'm full time real estate (no W2) and have a couple properties and my DTI is relatively high.
Richard Pastor
getting a HELOC on investment property the Refi into DSCR
17 November 2024 | 10 replies
HELOCs are NOT sensitive to the 10 year treasury.
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
Wells Fargo gave a HELOC for 30K.